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American Seafoods Group has acquired Good Harbor Fillet, a manufacturer of value-added frozen seafood products, from private equity group Creo Capital Partners LLC.
“In this era of continuing industry consolidation, the acquisition of Good Harbor is a natural fit for integration into our land-based company,” said Bernt Bodal, chairman and CEO of American Seafoods Group.
John Cummings, president of American Pride Seafoods, the Group’s land-based processing operation, said Good Harbor has “a strong history of customer focus and innovation with product lines such as the exclusive, all-natural NutraPure fat blocker technology. This business consolidation strengthens the value we deliver to our customer partners.”
Bill Stride, president of Good Harbor, foresees “exciting opportunities for Good Harbor from the tremendous expansion of supply resources and access to broader market channels that this deal provides.”
Good Harbor will be integrated into American Pride, which includes value-added fish processing, scallop processing, USDA-approved specialty foods workshop and cold storage warehouses. Integration details will be finalized over the next several weeks.
Seattle-based American Seafoods Group is a leader in the harvesting, processing, preparation and supply of quality seafood. Harvesting a variety of fish species, the company processes seafood into an array of finished products, both on board its state-of-the-art fleet of vessels and at its HACCP-approved production facilities located in New Bedford, Mass.